More on Me + Em – Page 599
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AnalysisThe Big Question: Should Sunday trading hours be relaxed during coronavirus crisis?
The coronavirus outbreak has again put the extension of Sunday trading hours on the agenda and business secretary Alok Sharma has launched a review. Retail Week asks industry experts for their views.
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NewsMatalan founder Hargreaves asks lenders for £50m cash injection
Matalan founder and owner John Hargreaves has reportedly tapped existing lenders for a £50m loan.
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NewsJD Sports and Sports Direct square up for Office takeover
Retail rivals JD Sports’ Peter Cowgill and Sports Direct’s Mike Ashley are among the prospective bidders for footwear chain Office.
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NewsCoronavirus: UK shops could reopen in June, says PM
The prime minister says that some shops may be able to reopen as early as next month as part of a phased easing of lockdown measures.
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NewsRetail footfall plummets to record low as lockdown bites
Retail footfall plummeted to an all-time low in April, as shoppers adhered to lockdown restrictions and stayed at home.
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NewsRetail vacancy rates inch up as BRC warns of worse to come
Retail vacancy rates have inched up during the first quarter of the year, with the ongoing coronavirus pandemic likely to cause further damage according to the BRC.
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NewsConsumer confidence ‘severely depressed’ despite improvement
The latest consumer confidence data showed a small improvement in sentiment, but overall it is still low.
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AnalysisAnalysis: Can Next become a force to be reckoned with in beauty retail?
Hours after Debenhams confirmed that it would exit its five store across Hammerson-owned shopping centres, Next unveiled details of an unikely swoop.
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NewsCoronavirus: White Stuff prepares for ‘significant’ job cuts
White Stuff is preparing to make a “significant” number of redundancies, even after coronavirus lockdown restrictions are lifted, due to a fall in demand for its wares.
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NewsZalando predicts double-digit growth for 2020 despite coronavirus uncertainty
German pureplay fashion retailer Zalando expects to see double-digit sales growth in 2020, despite the effects of the coronavirus pandemic.
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NewsH&M sales plummet between March and May
H&M’s global sales for the second quarter of this year have plummeted amid the ongoing coronavirus pandemic.
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NewsSuperdry European footfall rebound gives confidence for UK
Shopper footfall has bounced back at reopened Superdry stores in Germany, giving grounds for optimism that the same will happen when the UK emerges from coronavirus lockdown.
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NewsThe Works sales rise as shoppers ‘beat the boredom’ of lockdown
The Works has registered an increase in full-year revenues with a strong online performance during the coronavirus pandemic.
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Digital editionRetail Week magazine: May 8
This week, you’ll find an extract from our deep dive investigation into retail’s road to recovery post-pandemic, our look at whether the coronavirus crisis is putting pressure on industrial relations, and the $4bn hit to the bottom line potentially facing Amazon.
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NewsHotel Chocolat looks to high street stores ahead of phased reopening
Specialist retailer Hotel Chocolat has said it will look to reopen high street and self-standing independent stores first, ahead of it beginning a trial reopening of a number of stores as takeaway locations from next week.
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OpinionMove of the Week: Bray’s Amazon exit is a warning sign
What impact will Covid-19 have on talent acquisition and retention? It’s a question I found myself pondering this week on reading the news that a senior Amazon executive has quit over its treatment of warehouse workers.
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NewsNext swoops on Debenhams sites for new beauty store format
Next has snapped up five stores across Hammerson’s estate which Debenhams is exiting for the launch of a new beauty store concept.
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NewsSuperdry full-year sales slide as it explores financing options
Superdry has reported a slump in full-year sales exacerbated by the outbreak of coronavirus.
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NewsOcado shareholders revolt over £88m bonus scheme for bosses
Nearly a third of Ocado investors voted against the business’ plans for a pay rise and £88m bonus payout for its top brass.
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VideoFace time: JD Sports boss Cowgill slams CMA’s ‘reckless’ Footasylum ruling
JD Sports’ executive chair Peter Cowgill speaks to Retail Week about the CMA’s ‘pre-judged’ decision to block its acquisition of Footasylum, despite the operational challenges faced by all retailers as a result of the coronavirus pandemic.